Comments on: Big miss in June manufacturing: Orders down 0.5%, shipments down 1.1%https://hotair.com/archives/2012/08/02/big-miss-in-june-manufacturing-orders-down-0-5-shipments-down-1-1/
The world’s first, full-service conservative Internet broadcast networkTue, 16 Feb 2016 23:43:33 +0000hourly1https://wordpress.org/?v=4.8.1By: Instapundit » Blog Archive » YEAH, HOW’S THAT WORKIN’ OUT? Two Years Ago Today: Turbo-Tax Tim Wrote “Welcome To the Recovery” F…https://hotair.com/archives/2012/08/02/big-miss-in-june-manufacturing-orders-down-0-5-shipments-down-1-1/comment-page-1/#comment-6102803
Mon, 06 Aug 2012 04:30:25 +0000http://hotair.com/?p=210129#comment-6102803[…] UPDATE: Big miss in June manufacturing: Orders down 0.5%, shipments down 1.1%. […]
]]>By: Jobless Claims Rise So We’re Probably Going To Have To Talk About Gun Control and Romney’s Taxes and Gay Marriage All August « Tarpon's Swamphttps://hotair.com/archives/2012/08/02/big-miss-in-june-manufacturing-orders-down-0-5-shipments-down-1-1/comment-page-1/#comment-6095572
Fri, 03 Aug 2012 13:49:54 +0000http://hotair.com/?p=210129#comment-6095572[…] “unexpected” declines in manufacturing. Notice the word unexpected is back. Share this:ShareFacebookLinkedInTwitterLike this:LikeBe the first to like […]
]]>By: Adjoranhttps://hotair.com/archives/2012/08/02/big-miss-in-june-manufacturing-orders-down-0-5-shipments-down-1-1/comment-page-1/#comment-6093393
Thu, 02 Aug 2012 23:09:30 +0000http://hotair.com/?p=210129#comment-6093393In a modern service-oriented economy, the old guidelines are outdated. When you see growth at or below 1.5%, it is in effect a recession. The economy isn’t growing at that rate, it is like a heavy truck going uphill with no momentum and without enough power. Sooner or later, it will stall out.

As Megan McArdle has noted, in 1930 they didn’t think they were on the verge of the Great Depression, they thought it was a market correction and corresponding recession from which we would bounce back. It wasn’t until well into the ’30s, when the second banking crisis erupted, that we realized it was a long-term slowdown.

Demand appears to be declining across the board, with the exception of civilian aircraft last month, and that suggests that we’re approaching a stall or worse in the US economy.

Been there when Reagan took office. Hot damn hard times when the machinists are laid off marking the worst economic times as the civilian aerospace industry plummets next.

Romney better play hard on domestic growth, and quit pimping for Netanyahu who has no monopoly on Israel’s foreign policy, but his own agenda.

Dinner jacket repeats the premise that corruption meets its own demise. We read the same throughout the Bible. The mistranslation of Iran’s dinner jacket is propagandized by the same media that denies the God of Israel. By preferring the media mistranslation of the Mullah, we condemn the God of Israel as a liar or a misfit for having condemned Israel and/or Judah (sequentially) to destruction when failing to keep their Law according to their Prophets: Love God, love neighbor as self; do unto others as you would have done unto you. THAT fulfills all of the Law and the Prophets. “Blessed are the Peace Makers for they shall be called the children of God.” The destruction of Shiite in favor of Sunni is not America’s reason for existence, but an ill fated corruption of what “exceptionalism” constitutionally means, another corporate glut Manifest Destiny causing the genocide of every minority indigenous population in the region; whether Jew, Christian, Kurd, Bahai, Druze, many various sects of Islam, Buddhism, Hinduism and whoever else.

Unlike North Korea, Iran does not have the nuclear weaponry, and consistently insists it has no intention of developing such weapons. Forcing the show down against Syria is not helping anyone other than those who profit from warfare. The more belligerence, the more radical — and America’s presumption that we are never wrong because we’re always in the right is berserk belligerence. How quickly do the sheeple insist on being fooled again by the WMD war propaganda — think again how easily that story prompted the Iraq War which really only forced the game of corrupt musical chairs, who runs Iraq today, and how our troops must yet observe Bush’s suicidal “Karzai” Rules of Engagement that Obama “inherited”.

Look at RUSSIA AND CHINA aligned with SYRIA AND IRAN. When all is said and done, it’s better to let people determine their own destiny rather than forcing circumstances as if to deserve global domination with malice aforethought. Whoever whines that our honor has been besmirched, recall All Quiet On The Western Front. Don’t take offense unnecessarily. Build up alliances, but don’t force global war, or start a global war because you felt insulted.

Look at our nation’s leaders today. We’ve besmirched America ourselves by electing such corrupt politicians to govern us, to ruin our economy and dissolve our Constitutional Government as if DHS is some boon, as if ObamaCare will actually provide affordable health care to the taxpayers. Moat/Beam. We need to clean our own Washington DC Capitol Hill before we storm into another nation as if to clean their house, assassinating their duly elected leaders, arming mercenaries to slaughter loyalists, killing all the minorities in the name of democracy. That besmirches all the good that America ever was.

I don’t want to hear Romney talk foreign policy except to grow our domestic economy. Wars don’t just cost taxpayers our livelihood casting us further into the black hole of infernal insurmountable national debt and economic inflation or worse yet stagflation, but wars ruin the lives of the generations who, once enlisted, are perpetually redeployed until they are killed or can not heal from their wounds of war to final discharge.

Exporting war is not the point of Israel’s Law and the Prophets (Old Test) nor the purpose of Christianity. This entire “Arab Spring” of US taxes funding radical Islamism must stop. The insanity of declaring al Qaeda our international enemy and then aligning our US/NATO forces with al Qaeda to topple the Libyan nation and ruin the lives of their peoples is unforgivable. Repetition only makes things worse towards ‘the end of the world’.

Given our economic predicament, it is tantamount that we Americans focus our attention on re-establishing Constitutional Governance for ourselves with a strong national defense by cultivating our strong domestic PRODUCTIVE economy, pruning away the insidious authoritarianism within our bureaucracy, and allowing our light to shine for others to choose as they may of their own accord in trade and alliance. That is the pursuit of happiness, appreciating our natural rights as we produce through good work, with a strong national defense, intent with our Constitutional existence.

]]>By: johnnybravohttps://hotair.com/archives/2012/08/02/big-miss-in-june-manufacturing-orders-down-0-5-shipments-down-1-1/comment-page-1/#comment-6092898
Thu, 02 Aug 2012 20:56:13 +0000http://hotair.com/?p=210129#comment-6092898Obama loses in a landslide – unexpectedly.
]]>By: marybelhttps://hotair.com/archives/2012/08/02/big-miss-in-june-manufacturing-orders-down-0-5-shipments-down-1-1/comment-page-1/#comment-6092527
Thu, 02 Aug 2012 19:23:20 +0000http://hotair.com/?p=210129#comment-6092527About time for Bernanke and some QE3. Chuckle Schumer all but begged Benny in that hearing to do something, anything, to make things look better for Obama.

Dems busily mining data and files on Bernanke to “encourage” (a al Chicago way) more Fed-love for the Bamster before October. Pressure building on Benny B.

How much would you be willing to bet that when the “Mittster” wins in November and repeals Obamacare, starts to cut regulations, opens up areas for drilling for oil, makes the conducting of business easier and with less government interference and these numbers show rapid improvement, the Lamestream media will say he is only building on Obama’s foundation? I’ll need a receptacle to “ralph” into when I read that headline, but I’ll bet all that I own!

Nah, I say the opposite. I think they’ll whine and cry and squeal like little girls about how mean old Mitt is tearing down the prosperous America that Obama built on the Bush-created ash heap.

If it seems like the price of gasoline is rising quickly and at an odd time of year, that is because it is true. The average price of a gallon of regular gas in the U.S. rose 5.1% or 17 cents to $3.50 per gallon today according to auto and travel group AAA.

This marks the first monthly increase since March and the largest July increase in at least a dozen years. The average price of gas in July was $3.42 a gallon. This was the third-highest average price for July ever recorded. AAA began keeping the fuel-price data in 2000.

“Drivers nationwide saw prices reverse in July after three months of steady declines at the pump,” said AAA spokesperson Avery Ash

– wall street jounal

well that’s ok because with all the money consumers will save on food bills this year i’m sure the economy is going to bounce right back up….oh wait….

….Half of US counties now considered disaster areas

ST. LOUIS (AP) — Nearly 220 counties in a dozen drought-stricken states were added Wednesday to the U.S. government’s list of natural disaster areas as the nation’s agriculture chief unveiled new help for frustrated, cash-strapped farmers and ranchers grappling with extreme dryness and heat.

The U.S. Department of Agriculture’s addition of the 218 counties means that more than half of all U.S. counties — 1,584 in 32 states — have been designated primary disaster areas this growing season, the vast majority of them mired in a drought that’s considered the worst in decades.

look maybe a politican reads these comments. This if for them:

Until you idiots in DC do something about the price of gasoline and I mean some really big stuff like get it down to $1.5/gal and you repeal that stupid wrong headed farm bill you passed last year repeal obamacare and stop burning our food for gasoline nothing is going to get better. the fed talking about pumping another $500 billion into the economy isn’t going to fix things either. It will just drive up costs. the economy needs to go into a deflationary cycle. It has needed it for 3 decades. I know deflation is “bad” but what people don’t understand is it is has much a part of the free market cycle as growth. take the damn medicine, repeal the laws limiting growth and allow the prices in industries to fall. sure many people will be impacted but until it happens the economy will never have true growth again.

Here’s how it works. Say there is a report of the numbers of widgets produced in Upper Slobavia each month. This number is reported in a greatly anticipated and reported government press release.

There are five numbers: Actual Number of Widgets, Initial Reported Number, Revised Number, and the percentage change between for both the actual and repevised numbers.

Say, the number of widgets produced is decreasing at a steady rate, from 1000 in January to 980 in February to 960 in March to 940 in April and so on. That would mean there is a 2% decrease in widget production each month, which looks bad in the newspapers.

So, say on March 1, they report that 1020 were produced in February. This gets reported, with much fanfare, as a 2% increase for the month. The problem is, when April 1 rolls around, and the actual number is 960, this would mean they have to report a 4% decrease for February, which looks even worse in the newspapers.

So on March 8, the figure is quietly revised to something like the actual figure of 980. Then when April 1 comes, the actual figure can reported a7 960, which would be a reletively modest 2% decrease from the revised figure, and the loss in February is effectively papered over without the piper ever needing to be paid.

Of course, this works so well once, it is awfully tempting to do the same thing for the March numbers, so they will initially be reported as 980, to be revised on April 8 down to 960, and so on. So the actual production is falling, 2% a month, but the initial reports show no decrease at all.

Lather. Rinse. Repeat.

This is why in the past 57 months, the number of jobless claims has been under-reported, requiring an upward revision, 56 times.

and now, the NEWS: Did you hear about “RICH” Ann Romney’s expensive HORSE hobby?

Pork-Chop on August 2, 2012 at 2:24 PM

I did! It was just fascinating- and luckily they were able to go piece through piece of what Ann was wearing while she watched said horse practice! Wouldn’t it be interesting to know what the outgoing First Lady has spent on all of HER clothes? It’s only right, given that we bought them.

]]>By: MTFhttps://hotair.com/archives/2012/08/02/big-miss-in-june-manufacturing-orders-down-0-5-shipments-down-1-1/comment-page-1/#comment-6092317
Thu, 02 Aug 2012 18:32:44 +0000http://hotair.com/?p=210129#comment-6092317If Obama were an honorable man, he’d throw in the towel on the election, replace that silly idiot Biden with Romney as his Veep right away, and then resign to go play golf full time. America needs competence right now, and the world needs America to succeed right now. This really can’t wait.